If 1 the expected return for litchfield design stock is


If 1) the expected return for Litchfield Design stock is 14.76 percent; 2) the dividend is expected to be 3.52 dollars in 2 year(s), 4.59 dollars in 4 years, and 8.24 dollars in 7 years; and 3) after the dividend is paid in 7 years, the dividend is expected to grow by 2.72 percent per year forever, then what is the current price of the stock?  If no expected dividend is mentioned for a given year, assume the expected dividend is $0 for that year.

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Financial Management: If 1 the expected return for litchfield design stock is
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